Nov. 16--WASHINGTON -- Among the Republicans in Colorado's congressional delegation, U.S. Rep. Ken Buck is the one most likely to oppose a far-reaching tax plan that's scheduled for a vote Thursday in the U.S. House. The two-term lawmaker from Windsor was one of just 20 Republicans to oppose a related budget bill that passed the House last month, and Buck said he might vote against the tax measure for a similar reason -- its impact on the national debt and deficit. "The problem I have with this ...
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DENVER – The U.S. House of Representatives is set to vote Thursday on a sweeping tax reform bill while the Senate GOP finalizes its version of the bill. If passed, there would be sweeping effects on the nation’s economy and Americans’ tax brackets. The GOP is trying to pass a full tax reform measure for the first time in 30 years and has deemed it imperative to their platform heading into 2018. Though the bills have been undergoing changes this week and some were still being made in the Senate a...
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Washington, D.C. – U.S. Rep. Ed Perlmutter (CO-07) released the following statement after the Republican tax bill passed the U.S. House of Representatives: “This tax bill is just another example of how Republicans continue to stack the deck against hardworking Americans. At a time when we need to make critical investments in our infrastructure, housing, seniors and education, Republicans plan to explode the debt in the name of tax cuts for the wealthy. “Using voodoo economics, Republicans are tr...
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DENVER – The U.S. House of Representatives voted 225-207 Thursday to pass a sweeping tax reform bill while the Senate GOP finalizes its version of the bill. If the chambers can come to a passing compromise, there would be sweeping effects on the nation’s economy and Americans’ tax brackets. The GOP is trying to pass a full tax reform measure for the first time in 30 years and has deemed it imperative to their platform heading into 2018. Though the bills have been undergoing changes this week and...
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Senate Republicans veered onto a new course for tax reform Thursday, and Colorado leaders were both skeptical and accusatory, as the upper chamber’s GOP leadership proposed delaying the corporate tax cuts the president wants and scuttling the laborious efforts of Republicans in the House. Colorado Republican Party chairman Jeff Hays sided with the Senate Republicans “for introducing a bill that will ease the middle-class tax burden, and dared Democrats to disagree. “We expect Senate Democrats to...
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Washington, D.C. – Today, U.S. Rep. Ed Perlmutter (CO-07) issued the following statement denouncing the Republican tax plan released today: “The Republican tax bill is a non-starter. While I agree it’s time to clean up the tax code, this proposal will cut taxes for the wealthy and corporations, leaving higher taxes for the hardworking people in the middle. The bill also adds more than $1.5 trillion to the national debt over 10 years, and today’s announcement makes clear it could be significantly...
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Big news on the budget front dominated headlines out of D.C., while Colorado representatives also tackled issues ranging from birth control access to the declaration of the opioid crisis as a public health emergency. The budget resolution clears the House In major legislative action, the House passed the Senate's $4.1 trillion budget resolution – the blueprint for building the next year's budget. While it does call for some funding cuts, the resolution ultimately may add $1.5 trillion to the def...
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Equifax Inc. has seen no evidence that the cyberattackers who got access to sensitive information on 145 million U.S. consumers worked for the company, former Chief Executive Officer Richard Smith said. Smith appeared Thursday before the House Financial Services Committee to testify on the breach of Atlanta-based firm’s servers. Equifax has “no indication” that the attack was an inside job, Smith said in response to a question from Representative Edwin Perlmutter, a Colorado Democrat. The attack...
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Washington, DC -- Today, Colorado’s congressional delegation sent a letter to Amazon CEO Jeff Bezos urging the company to select Colorado as the location of its second headquarters, citing the state’s highly skilled workforce and demonstrated commitment to providing an excellent quality of life. The Seattle-based tech giant has been engaged in a highly-publicized search for a second base of operations that could employ up to 50,000 people. A number of cities across the country are attempting to ...
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DENVER BUSINESS JOURNAL - It’s not every day that Colorado’s entire congressional delegation unites around one goal, but it happened Wednesday with the objective of landing Amazon.com Inc.’s massive second headquarters complex. Both of the state’s U.S. senators and all seven of its members of the U.S. House of Representatives signed a letter sent Wednesday to Amazon CEO Jeff Bezos, urging the e-commerce giant to pick Colorado as the site for its “Amazon HQ2.” “Colorado offers a highly skilled wo...
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